Media City Uk, Manchester, Greater Manchester, M50 2BB

Number One Building, Salford Quays Attractive Tenanted Studio Apartment | £115,000 | Long Lease| 7.2% Net Yield Property Summary A fantastic opportunity to acquire a high floor studio apartment in the iconic Number One Pink development in MediaCityUK.

Positioned on the 19th floor, this modern studio offers impressive panoramic views across Salford Quays and sits in one of the most desirable rental locations in Greater Manchester.

The apartment is fully tenanted, with a new occupant recently moved in and paying £875 per calendar month, providing immediate rental income from completion.

Key Features Studio apartment on the 19th floor Stunning views overlooking the Quays Modern, purpose-built waterside development Fully tenanted at £875 PCM (no arrears) Long lease - 234 years remaining EWS1 Form B1 - Passed (fully mortgageable) No known building works required Secure, high-demand location in MediaCityUK Financial Overview Detail Amount Asking Price £115,000 Lease Remaining 234 Years Ground Rent (PA) £326.70 Service Charge (PA) £1,875.24 Current Rent (PCM) £875 Current Rent (PA) £10,500 Tenant Arrears None Yield Calculation Purchase Price: £115,000 Annual Rental Income: £10,500 Gross Yield: 9.13% Annual Outgoing Costs: £2,201.94 Net Yield: 7.2% This represents an exceptionally strong yield for MediaCityUK, especially with a long lease, low maintenance obligations, and a stable tenancy already in place.

Reasons to Invest High Rental Demand in MediaCityUK MediaCity remains one of the strongest rental markets in the North West, attracting professionals from the BBC, ITV, Ericsson, Kellogg's and a growing tech and digital sector.

Studios here let quickly and achieve premium rents. Immediate Income With a New, Reliable Tenant The property is already tenanted at £875 PCM, with no arrears or payment issues.

Investors benefit from income from day one without void periods or marketing costs.

Attractive 9%+ Gross Yield At an asking price of £115,000, this apartment delivers a 9.13% gross yield, making it highly competitive compared to similar city centre investments.

Long Lease & Low Annual Costs With 234 years remaining, the lease poses no medium term renewal risk.

Ground rent and service charges are in line with local market norms for a modern high rise waterfront building.

Fully Mortgageable - EWS1 B1 The EWS1 Form B1 certification ensures the building is compliant with current cladding safety standards, increasing mortgage availability and supporting long term resale value.

Proven Capital Growth Area MediaCityUK continues to see major ongoing investment, transport enhancements, and new commercial development - all contributing to strong capital appreciation trends.

Development Highlights Secure entry and concierge High speed lifts Excellent access to Metrolink tram stops Surrounded by bars, restaurants, cafés, gyms, and supermarkets Minutes from Manchester city centre Waterside location with scenic walks and public spaces Conclusion Apartment 1904, Number One Pink offers an outstanding opportunity for investors seeking a high-yield, low maintenance, fully performing property in one of Manchester's most prestigious and continually growing districts.

With a secure tenancy in place, long lease, strong rental income, and excellent location, this is a truly hands off investment ideal for any portfolio.